[Form 4] Twist Bioscience Corp Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Twist Bioscience Corp Chief Financial Officer Adam Laponis reported an open-market sale of 2,399 shares of common stock on July 9, 2026 at $94.334 per share. According to the disclosure, the sale was required to cover tax withholding obligations arising from the vesting of Restricted Stock Units under the company’s equity incentive plans and did not represent a discretionary trade. After this transaction, Laponis directly holds 110,276 shares of Twist Bioscience common stock.
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Insights
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Insider Trade Summary
Net Seller: 2,399 shares ($226,307)
Net Sell
1 txn
Insider
Laponis Adam
Role
Chief Financial Officer
Sold
2,399 shs ($226K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,399 | $94.334 | $226K |
Holdings After Transaction:
Common Stock — 110,276 shares (Direct)
Footnotes (1)
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Key Figures
Shares sold: 2,399 shares
Sale price: $94.334 per share
Shares held after transaction: 110,276 shares
3 metrics
Shares sold
2,399 shares
Open-market sale on July 9, 2026 to cover tax withholding
Sale price
$94.334 per share
Price for 2,399 shares sold in the reported transaction
Shares held after transaction
110,276 shares
Direct holdings of CFO Adam Laponis following the sale
Key Terms
sell to cover, Restricted Stock Units, equity incentive plans
3 terms
sell to cover financial
"funded by a "sell to cover" transaction and do not represent discretionary"
Sell to cover is when a person who receives company stock through options or awards sells just enough shares immediately to pay required taxes, exercise costs, or fees, keeping the rest. Think of it like cashing part of a bonus to cover the tax bill so you can keep the remainder. For investors, it can create predictable small selling pressure and slightly change the number of shares actually held by insiders without increasing long‑term dilution.
Restricted Stock Units financial
"tax withholding obligations in connection with the vesting of Restricted Stock Units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
equity incentive plans financial
"mandated by the Issuer's election under its equity incentive plans to require"
Equity incentive plans are company programs that pay employees, executives, or directors with company stock, stock options, or share units instead of or in addition to cash, aiming to align their interests with shareholders—like giving team members a stake in the house they help build. For investors this matters because such plans can motivate better company performance but also dilute existing ownership and increase reported compensation costs, so they affect future earnings, voting power, and share value.